How Companies Can Boost Digital Person to Person Payments: Fiserv Exec
As their financial lives have become more digital, consumers have embraced technology like online bill pay and mobile check deposit.
Tom Roberts, evp of marketing for electronic payments at Fiserv
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A close-up of a screenshot from the Flooz app.
Person-to-person payment services haven't always fared well, but a year-old French startup, Flooz, thinks a P2P app can succeed in its home country if it has the right interface — and steep social barrier to entry. more »
Images: Bloomberg News
The field of P2P competitors has grown significantly since JPMorgan Chase, Bank of America and Wells Fargo founded clearXchange LLC in 2011, and the mega-banks' initiative still looks very much like it did three years ago. more »
Image: Bloomberg News
The Snapchat logo
Snapchat, a photo-based messaging service, has added a payment capability based on Square Cash, Square Inc.'s person-to-person payment system. more »
Image: Bloomberg News
Venmo, a mobile person-to-person payment system now owned by PayPal, rocketed in popularity with millennials by treating money movement as a type of social interaction. more »
Image: Bloomberg News
Amazon plans to discontinue WebPay, a service that allows people to send cash to each other. more »
The original Square Cash offered to fill out an email for the user.
Square Cash, a person-to-person payment service Square launched in October 2013, has been redesigned to become more useful as an app-based product. more »
Jeffery Yabuki, Fiserv's president and CEO
Fiserv Inc. is promoting the real-time version Popmoney person-to-person payment service as a companion to its online bill payment offering. more »
Ather Williams, Bank of America Merrill Lynch
Bank of America Corp. plans to allow new transaction types, such as corporate disbursements, to be made through the bank-led clearXchange person-to-person payments network. more »
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